Tags » Recession
In a recent appearance on CNBC, former Republican congressman and outspoken libertarian Ron Paul suggested those stock market investors who’ve seen monstrous gains in their portfolios for years might want to re-think their positions just a bit before too much more time passes. 294 more words
According to the National Bureau of Economic Research (NBER), the institution that dates the peaks and troughs of the business cycles,
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A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.